PRECISION WIRES INDIA LTD.

Precision Wires India Ltd has announced the purchase of approximately 2 acres of land in Zaroli, Gujarat, for a total cost of ₹3.60 crores. This acquisition, inclusive of stamp duty and registration charges, is a strategic move for the company's expansion. Additional professional charges and expenses will be applicable. The company has complied with SEBI regulations by providing this intimation.

Precision Wires India Limited has officially changed its Corporate Identification Number (CIN) from L31300MH1989PLC054356 to L27320MH1989PLC054356. This change follows an alteration to the Object Clause of the company's Memorandum of Association, approved by shareholders at the Annual General Meeting on August 10, 2026, and subsequently registered by the Registrar of Companies, Mumbai. The company will update its new CIN across all statutory records, letterheads, and other relevant documents. The certificate of registration for this alteration has been provided by the Registrar of Companies, Central Processing Centre.

Precision Wires India Ltd announced the allotment of 37,50,000 Compulsory Convertible Debentures (CCDs) worth ₹150 crore. The allotment was made on a preferential basis to two non-promoter investors: Anchorage Capital Scheme-III (AIF Category II) and AADI Financial Advisors LLP. Each CCD has a face value of ₹400 and carries a coupon rate of 12% per annum. These debentures are convertible into equity shares within 12 to 18 months post-allotment. This move follows prior board and shareholder approvals and in-principle approvals from BSE and NSE.

Precision Wires India Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut for directors, auditors, and designated persons, including their immediate relatives, effective from the closing hours of Wednesday, September 30, 2026. The trading window is set to reopen 48 hours after the announcement of the company's un-audited financial results for the quarter and half-year ended September 30, 2026.

Precision Wires India Limited has secured a consolidated consent and authorization license from the Gujarat Pollution Control Board (GPCB) for its plant in Zaroli, Gujarat. This license, valid until August 10, 2031, is crucial for the company to commence operations at its industrial facility. The approval covers establishment under the Water Act, 1974, Air Act, 1981, and Hazardous & Other Wastes Rules, 2016. This regulatory clearance is a significant step for the company's operational expansion in Gujarat.

Precision Wires India Limited has commenced trial production of Copper Cathodes at its new Copper Refining/Recycling Plant in Zaroli, Gujarat. While trials for key equipment are ongoing, the company anticipates commercial production to begin shortly in Q3 FY 2026-27, pending final regulatory approvals. This development marks a significant step in the company's expansion and operational capabilities.

Precision Wires India Ltd has received in-principle approval from BSE and NSE for the preferential issuance of 37,50,000 Compulsorily Convertible Debentures (CCDs) with a face value of Rs. 400 each. The company will now proceed with the allotment of these CCDs within statutory timelines and will submit the necessary listing applications. The exchanges have granted approval subject to fulfillment of certain conditions, including timely filing of listing applications, obtaining statutory approvals, and strengthening internal controls to monitor allottee trades.

Precision Wires India Ltd has disclosed additional details regarding its proposed preferential issue, earmarking up to ₹10 crore for the acquisition or purchase of land. This acquisition is a key objective of the preferential issue. The company will proceed subject to identification of suitable land, completion of legal and technical due diligence, and obtaining necessary approvals. If agricultural land is acquired, Precision Wires will undertake the process for conversion to non-agricultural (NA) use within the prescribed period. Should NA permission not be obtained or holding the land become legally impermissible, the company will dispose of it as per applicable laws. Any material developments will be disclosed as per SEBI regulations.

Precision Wires India Ltd has responded to a BSE query regarding a significant increase in trading volume. The company stated that all material information impacting operations and price has been disclosed as per SEBI regulations. They assured that there are no impending announcements that would affect the stock price, attributing the recent movements to general market factors. The clarification was issued on August 29, 2026.

Precision Wires India Ltd has responded to an exchange query regarding a significant increase in trading volume. The company stated that all material information, including price-sensitive details, has been disclosed to the exchange as per SEBI (LODR) Regulations, 2015. Precision Wires India Ltd assured that there are no impending announcements that would impact the scrip's price behavior and that current market movements are attributed to market-related factors.